Origami energy

Overview
News
Energy Optimization & Management Software?
Product stageSegments
Early
?
Grid Optimization Solutions
?

Origami Energy is a technology provider specializing in energy trading solutions. The company's flagship product, Origami Forecast, launched in September 2020, utilizes machine learning software to provide energy companies with automated, live forecasts for power generation, demand, and market prices. This software enables energy traders, analysts, and data scientists to run accurate forecasts at scale, handling vast amounts of data. Origami Forecast is part of a broader suite of interoperable modules called Renewables+, aimed at optimizing energy trading. The company's technology platform has become central to several trials exploring flexibility and peer-to-peer energy trading in the UK. Origami's solutions are designed to help energy companies maximize value extraction from a growing number of opportunities in increasingly volatile markets. The company's platform is capable of underpinning the delivery of flexibility regardless of the market participant's role, whether it's a supplier, aggregator, or end provider or user of flexibility.

Key customers and partnerships

Origami Energy has partnered with distribution network operators (DNOs) for various projects. In September 2019, the company announced partnerships with Scottish and Southern Electricity Networks and SP Energy Networks for three separate trials on flexibility and peer-to-peer trading. Origami is involved in Project LEO and TRANSITION with SSE, both exploring smart grids, and Project FUSION with SP Energy Networks, focusing on flexibility. These long-term projects, ranging from three to five years, aim to inform the future of the UK's energy market and explore how flexibility could resolve the need for greater infrastructure investment.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Milton Road Cambridge GBR
Founded year:
2013
Employees:
51-100
IPO status:
Private
Total funding:
USD 86.5 mn
Last Funding:
USD 6.2 mn (Series Unknown; Sep 2022)
Last valuation:
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